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Telecomunicacoes de Sao Paulo S.A. (TSP)
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QUOTE AND NEWS
Time to kill? Take an in-transit tour of the city
Sydney Morning Herald  Oct 13  Comment 
Changi Airport's popular Free City Shuttle (FCS), taking transit passengers by bus to the city and a free sightseeing tour, has been relaunched with a new Transit Singapore Passport (TSP),
Latin American Markets: Banco Santander shares fall in Brazil debut
MarketWatch  Oct 7  Comment 
Brazilian equities slip, with investors taking a breather following a string of wins that had lifted the key index to its highest level since the middle of last year.
Telefonica makes $3.75 billion GVT bid
MarketWatch  Oct 7  Comment 
Telefonica trumps Vivendi with an offer for Brazilian telecom GVT that could be worth $3.75 billion.
Telesp Cellular Part ADR initiated with "underweight"
newratings.com  Sep 8  Comment 
NEW YORK, September 8 (newratings.com) - Analysts at Barclays Capital initiate coverage of Telesp Cellular Part ADR (ticker: TSP) with an "underweight" rating. [more]
Latin American Markets: Brazilian equities edge up before interest-rate decision
MarketWatch  Mar 11  Comment 
Latin American equities finish mixed, with Brazil's benchmark steady before decision on interest rates by the country's central bank.
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Sr. Director
Claudio Freitas
www.zacks.com
TSP AT A GLANCE
 
 
 
 
 
 
 
 

Telecomunica es de Sao Paulo S.A. or Telesp is the Brazilian subsidiary of Spanish Telefonica (TEF) focused on wireline communications in the State of Sao Paulo, the most important economic region in Brazil. The company has over 12 million subscribers and is the biggest wireline operator of TEF outside Spain. The company also provides local, intra/inter-regional, international long distance services, and custom data transmission services. Telesp was acquired by TEF during the Brazilian privatization program in 1998. Since then, Telesp reached a digitalization index of 100% from 73% in 1998 and was able to launch new products, like the broadband operator called speedy, using ADSL technology. Currently, Telesp is the leader of the ADSL broadband business in Brazil with over 1.9 million customers. Recently, Telesp has been investing in the PayTV segment through an agreement with a local company called Abril Comunicacoes, in order to diversify its activities and find some growth potential, since the wireline market in the State of Sao Paulo is already stagnated.



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